Australia and European Union fail to resolve trade deadlock

Original article by Latika Bourke
The Age – Page: Online : 12-Jul-23

The federal government’s negotiations over a free-trade agreement with the European Union have reached an impasse after two days of talks. Trade Minister Don Farrell interrupted his European holiday to attend the talks in Brussels. Negotiations will resume in August, but Farrell has indicated that the government is prepared to abandon the proposed trade deal if it is not finalised by the end of 2023. The European Union wants access to Australia’s critical minerals, but Australian farmers’ access to Europe’s agricultural markets remains a key issue, along with the use of geographical indicators for products such as champagne and feta.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

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